Articles
Insurance
Allied World Assurance Company posted improved profits in the first quarter of 2017 largely driven by improved net realised investment gains but its reinsurance shrank in response to soft market conditions. 28 April 2017
Insurance
Low investment returns and higher capital requirements on some business could drive a two-thirds increase in the volume of German life insurance portfolios in run-off over the next five years, Fitch Ratings says. 28 April 2017
Insurance
The impact of the low interest rate environment has yet to test the robustness of both life and non-life re/insurers as the effect slowly trickles down on companies’ balance sheets, increasingly impacting results, according to Moody’s. 28 April 2017
Insurance
Insurance intermediary Towergate has managed the turnaround in 2016 while restructuring continues. 27 April 2017
Insurance
XL Group has announced a significant increase in net income for the first quarter despite greater catastrophe losses and a hit from the UK’s personal injury Ogden discount rate change. 27 April 2017
News
After heading the group for over thirteen years in a row, chief executive Nikolaus von Bomhardhas has officially left Munich Re following the company's annual general meeting on April 26. 27 April 2017
News
French reinsurer SCOR has seen its net income drop in the first quarter of 2017 as the company had to accommodate the UK’s personal injury Ogden discount rate change. 27 April 2017
Insurance
Zurich-based catastrophe insurance data provider PERILS has appointed Darryl Pidcock as the head of Asia Pacific, based in Sydney. 27 April 2017
News
Higher levels of catastrophe losses pushed profits at French government-backed reinsurer CCR down in 2016 but the company enjoyed some healthy growth largely driven by it writing more business in the open reinsurance market via the newly-created CCR Re. 26 April 2017
Insurance
Chubb enjoyed a very profitable first quarter and strong growth aided by underwriting income generated by the property/casualty business leading to substantial underwriting income and improved investment returns. 26 April 2017
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